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{%type%} Definitions

WordNet 3.0Copyright Princeton University


Short "hint"

n. - A system of economic regulation: wages and interest are tied to the cost-of-living in order to reduce the effects of inflation.

Usage examples (37)
  • Progressive indexation is not well designed to address future uncertainties.
  • In short, progressive indexation is a mechanism that would "work" when we didn't need it and wouldn't work when we needed it most.
  • So if you paid income tax at 40% you paid CGT at 40% but you got an allowance for inflation called the indexation allowance.
  • It is still unclear how regular premium life policies with contractual increases, such as indexation, will be treated. for more
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